Deposit interest rate | Gambia – yearly data, chart and table

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Source: IMF
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IMF
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Overview

Депозитная процентная ставка | Гамбия
The Deposit interest average annual rate of Gambia in 2023 was 7.74%. The 2022 rate was  4.83%. This is the first year of growth after a decline. The lowest deposit interest rate in Gambia was recorded in 2022, with a value of  4.83%. The highest rate was in 2004, when it achieved 22.00%. The deposit interest rate is the rate paid by banks or other financial institutions to individuals or businesses for keeping money in a deposit account (such as a savings account, fixed-term deposit, or certificate of deposit).
Additional infomation: About indicator
Deposit interest rate is the rate paid by commercial or similar banks for demand, time, or savings deposits. The terms and conditions attached to these rates differ by country, however, limiting their comparability.